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They have a right to claim you as a dependent if: dependent, generally : the term refers to: (1) any individualliving with the taxpayer (providing the relationship is not illegal under local law) and for whom the taxpayer provides at least 50 percent of his or her support ; and (2) certain relatives (parents, children, siblings, stepchildren, stepsiblings, stepparents, nephews, nieces, aunts, uncles, children-in-law, parents-in-law, grandparents, and grandchildren) regardless of where they live for whom the taxpayer provides at least 50 percent of their support.
So if you accept less than 50% of your upkeep needs from them, then they really can't be taking you. It's called not being dependent on them!
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∙ 16y ago
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What happens if you claimed yourself and your parent claimed you as a dependent on taxes?
you will have to pay your own taxes not your parents.
Been told that I cannot file taxes because parents claimed me as a dependent but made over 3000 is this true?
Absolutely, positively not.Whether your parents or anyone else claims you as a dependent has absolutely no effect on your obligation or ability to file taxes. Some people mistakenly believe that if your parents claim you as a dependent, they claim your income, your withholding and your refund, too. This is absolutely not true.People who make more than a certain amount are obligated to file taxes. However, ANYONE is permitted to file taxes. If you are due a refund, you must file taxes in order to get the refund. Your parents cannot get your refund for you. Whether your parents can claim you as a dependent has absolutely nothing to do with you. You must file your own taxes for your own income and withholdings. And if you owe taxes, you are obligated to file and pay them.
Can you file taxes as head of household being single with no dependents?
I believe you need a dependent to have a household.
How old you have to be to file taxes?
Taxes are not age-dependent. In general, if you make money, then you have to file taxes. In some cases parents are allowed to fold the income of their minor children into their own tax returns, but if you have income at all, then SOMEBODY has to pay taxes on it.
Is a dependent child who is a student required to pay taxes on monthly income they receive from their parents?
No. The money that your parents send you for educational and personal needs has already been subject to taxation.
Can you remain a dependent on your parents taxes if you get married and both of the people married were dependent on their parents still?
No, if both spouses were claimed as dependents on their parents' taxes, they would not be able to file jointly as married. They would likely not qualify as dependents on their parents' taxes anymore once they are married and establishing their own household.
What happens if you claimed yourself and your parent claimed you as a dependent on taxes?
you will have to pay your own taxes not your parents.
Been told that I cannot file taxes because parents claimed me as a dependent but made over 3000 is this true?
Absolutely, positively not.Whether your parents or anyone else claims you as a dependent has absolutely no effect on your obligation or ability to file taxes. Some people mistakenly believe that if your parents claim you as a dependent, they claim your income, your withholding and your refund, too. This is absolutely not true.People who make more than a certain amount are obligated to file taxes. However, ANYONE is permitted to file taxes. If you are due a refund, you must file taxes in order to get the refund. Your parents cannot get your refund for you. Whether your parents can claim you as a dependent has absolutely nothing to do with you. You must file your own taxes for your own income and withholdings. And if you owe taxes, you are obligated to file and pay them.
Is it true that you cant get approved for section 8 housing if you were claimed as a dependent on your parents taxes in the previous tax year?
No.
How old do you have to be to get a loan for college on your own in Missouri?
If you are still living at home while in college your parents income will be counted, so you have to be totally independent and NOT claimed on your parents taxes as a dependent. So, it isn't dependent on age, but income.
Can you file taxes as head of household being single with no dependents?
I believe you need a dependent to have a household.
How old you have to be to file taxes?
Taxes are not age-dependent. In general, if you make money, then you have to file taxes. In some cases parents are allowed to fold the income of their minor children into their own tax returns, but if you have income at all, then SOMEBODY has to pay taxes on it.
Is a dependent child who is a student required to pay taxes on monthly income they receive from their parents?
No. The money that your parents send you for educational and personal needs has already been subject to taxation.
How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent?
where is your "Tax Bracket Calculator? and if I may why is this site so hard to use? How much would a 16 year old pay for taxes on $800 if her parents claim her as a dependent? depends on the year. in years past, if you didn't make more than 3000 in a calender year you wouldn't have to pay taxes on the money.
How much does being a dependent affect you on your tax return?
Being a dependent of someone else for tax purposes decreases the amount of money you will get from the government. This mean you are not supplying the majority of your living expenses, someone else is and they should be able to use you as a dependent on their taxes.
Are parents legally obligated to pay for college education if they have not filed tax returns or paid taxes in years keeping the child from being able to obtain government aid or private loans?
Technically, parents are not obligated to pay for their child's college education since college is elective. It is the parents' choice whether to pay for a student's college fees or not. As for filing tax returns, you might want to get current on that, especially if you can claim your child as a dependent. You might avoid penalties and liens on your possesions...
What if a dependent fails to pay taxes?
You are not responsible for the taxes of your dependents unless you control their assets or you were somehow involved in a plan to prevent them from paying their taxes.The IRS will penalize the dependent and/or go after the dependent's assets to collect taxes.
